Abbreviated Company Accounts - E & J TATE LTD

02953296 E & J TATE LTD 2014-12-31 false 2014-01-01 2014-12-31 true 02953296 2014-01-01 2014-12-31 02953296 2014-12-31 02953296 2013-12-31 02953296 uk-gaap-cd-bus:Director1 2014-01-01 2014-12-31 02953296 uk-gaap-cd-bus:Director2 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 iso4217:GBP shares

Registered Number 02953296

E & J TATE LTD

Abbreviated Accounts

31 December 2014

E & J TATE LTD Registered Number 02953296

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	2,434,225	2,434,190
		2,434,225	2,434,190
Current assets
Debtors		588,944	586,730
Cash at bank and in hand		153,084	146,160
		742,028	732,890
Creditors: amounts falling due within one year		(2,350,120)	(2,346,385)
Net current assets (liabilities)		(1,608,092)	(1,613,495)
Total assets less current liabilities		826,133	820,695
Total net assets (liabilities)		826,133	820,695
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		826,131	820,693
Shareholders' funds		826,133	820,695

For the year ending 31 December 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 30 March 2016

And signed on their behalf by:
EMANUEL TAJTELBAUM, Director

E & J TATE LTD Registered Number 02953296

Notes to the Abbreviated Accounts for the period ended 31 December 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Fixtures & Fittings - 25% of cost

No provision has been made for depreciation of freehold buildings.

Other accounting policies
Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

2Tangible fixed assets

	£
Cost
At 1 January 2014	2,435,280
Additions	1,500
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	2,436,780
Depreciation
At 1 January 2014	1,090
Charge for the year	1,465
On disposals	-
At 31 December 2014	2,555
Net book values
At 31 December 2014	2,434,225
At 31 December 2013	2,434,190

All fixed assets are initially recorded at cost.

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
2 Ordinary shares of £1 each	2	2